Question

    When will the National Board for Micro, Small and Medium Enterprises be established according to the Micro, Small and Medium Enterprises Development Act?

    A On the date of enactment of the Act Correct Answer Incorrect Answer
    B On the date of publication of the Act in the Official Gazette Correct Answer Incorrect Answer
    C On the date of acceptance of nominations for board membership Correct Answer Incorrect Answer
    D On the date appointed by the Central Government through a notification Correct Answer Incorrect Answer

    Solution

    Section 3. Establishment of Board: (1) With effect from such date as the Central Government may, by notification, appoint, there shall be established, for the purposes of this Act, a Board to be known as the National Board for Micro, Small and Medium Enterprises.

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